I am posting to inform you all of our new bitcoin exchange that has just started accepting orders, including PayPal and credit card orders. And our rates are lower than most of our direct competitors like get-bitcoin. You're probably wondering how we mitigate the charge back risk. Well, there are several steps of manual verification that each credit card or PayPal order has to go through.

QuickBitcoins has and taken every security precaution possible to insure the safety of your data. Here is a list of features which I hope will re-assure the community of our legitimacy and provide transparency:

1) No customer data or bitcoin is stored on the server.2) Once a purchase request is made the data is encrypted and emailed to order@quickbitcoins.net.3) All online payments (PayPal or Dwolla) are not taken on our website, but instead are redirected to their respective payment processor website.4) SSL support (In the process of implementing. ETA ~24 hours)

Upcoming features:

1) cash deposits at thousands of bank locations around the United States.2) Pre-paid codes that can be quickly redeemed for their denomination in bitcoins.

Relax and feel secure in ordering your bitcoins from us. Nothing about this is illegal in any way and we have great turn-around times.

We appreciate all constructive criticism and feedback about our service. You can for a limited amount of time enter "bitcointalk" into the notes section of your order for half off the PayPal surcharge.

Thank you,

QuickBitcoins

-------See what others have said:

Jaelz1 from reddit

Ordered a decent amount of bitcoin via paypal, got a call few minutes later to verify then went to the gym, came back and the coins were in my wallet...

Overall very cool!

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I am very impressed with this website. I had a small problem and was amazedat how quickly they responded to my email and resolved my issue.I wish more sites were this customer friendly.

The theme is a publicly available theme, but the interesting thing is that a lot of content has (almost) been copied too. I.e. the splash image, the menu options. It's close enough that it's distasteful.

On another note, PayPal has closed a lot of Bitcoin selling accounts before. Why do you expect to be different?

Pokédex: The jets of water it spouts from the rocket cannons on its shell can punch through thick steel.BTC: 1Pt2zKYL1CzgqoWy2gETLrqZhWTQSziVno As of July 2015, I'm back! Currently working on building trust.

You may have positive intentions, but I can guarantee you that your PayPal will get shut down very soon, and calling to "verify" people will do nothing for you. How do you know they aren't using a throw-away VOIP number, a fake ID, and a stolen PayPal account? At the very least, the first chargeback you get will freeze the PayPal account for a minimum of 180 days, and that will be the end.

It's the Themia theme from Wordpress. I admit, your site did give us some inspiration for our design. I figured since you only serve the Nordic community and we're more geared toward the North American market there would be very few overlap issues with our visitor base.

The charge that will appear on your credit card statement will be “PAYPAL * QUICKBIT”. If you place a chargeback or dispute a charge for any order that you placed and received (accidentally or intentionally), there will be a $150.00 research fee charged to your account upon our receiving the chargeback to cover our investigative expenses to prove that you did make the purchase.

This is the first time I've ever seen anything like this. Will you be enforcing this policy to the full extent of your TOS?

This is the first time I've ever seen anything like this. Will you be enforcing this policy to the full extent of your TOS?

~Bruno~

We reserve the right but don't ever foresee ourselves doing so. That is intended to be a scare tactic to ward off fraudsters. The only time that would ever happen is if there was an order which we fulfilled, proved it was from the actual person and not identify theft, that we delivered the bitcoins to, and then still charged back.

Although I would love to use Paypal to purchase BTC, I'm afraid such action can have a negative effect on my and your accounts, as many bitcoin services in the past have had troubles with Paypal.How can you assure the same won't happen with your service?

I've just reviewed Paypal's User Agreement and Acceptable Use Policy and found only one reference that I think can be applied to Bitcoin sales, although I'm pretty sure I've seen more restrictions in the past regarding virtual currencies if my memory serves me right.

The charge that will appear on your credit card statement will be “PAYPAL * QUICKBIT”. If you place a chargeback or dispute a charge for any order that you placed and received (accidentally or intentionally), there will be a $150.00 research fee charged to your account upon our receiving the chargeback to cover our investigative expenses to prove that you did make the purchase.

This is the first time I've ever seen anything like this. Will you be enforcing this policy to the full extent of your TOS?

~Bruno~

It is a pointless policy. If a PayPal account is stolen the TOS will not apply. Since scammers usually do not use their own accounts why bother threatening your customers?

In the unlikely event that it is a real account holder attempting a chargeback they are going to say the account is stolen anyhow. You will never be collecting that $150 fee from anyone.

We are currently in the process of hashing out a new site design, working with legal to implement a more standardized AML policy, and rolling out several new features. One of which will most likely be accepting cash deposits through ZipZap, the same company BitInstant uses to accept cash at 700,000 locations worldwide. We also have a new custom-developed back end administration in beta testing which will allow us to drastically reduce the turn around time in filling all orders, streamline customer support and response times, as well as allow us to maintain more detailed logs for AML and BSA reasons.

Here is a sneak preview of the new site. Please note that this is an early alpha preview. It's not properly styled yet, the layout isnt anywhere near finalized, etc.